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China’s Silk Road Fund buys into Egypt renewable energy scene through acquisition of large Acwa Power stake
M&A WATCH- China’s Silk Road Fund buys into Egypt renewable energy scene through acquisition of large Acwa Power stake: China’s…
Google to expand its Cairo office
INVESTMENT WATCH- Google is planning to start hiring a full team for its Cairo office, the Investment Ministry said in…
Customs dispute with Mercedes-Benz importer cleared
EXCLUSIVE- Dispute between Customs Authority and Mercedes-Benz importer finally settled? An Egyptian importer of Mercedes-Benz vehicles has won an EGP…
NBK Capital Partners quits talks to acquire Abraaj’s global credit fund
M&A WATCH- NBK Capital Partners bows out of “advanced” talks to acquire Abraaj’s global credit fund: National Bank of Kuwait’s…
Egypt beat Zimbabwe 1-0 in the opening match of Afcon 2019
Afcon 2019 got off to a good start for Egypt as the Pharaohs secured a 1-0 victory over Zimbabwe on…
Beltone appoints new executive chairman, managing director
MOVES- Beltone Financial has appointed Maged Shawky (LinkedIn) as executive chairman and Ibrahim Karam as managing director, the company said…
Marakez to open Mall of Tanta this fall
Marakez will open its Mall of Tanta this fall, the company said in a statement (pdf). The EGP 1 bn…
House agrees to gov’t-proposed bills to support civil servants
LEGISLATION WATCH- House committee okays draft Consumer Credit Act: The House Economic Committee has signed off on a draft of…
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